O2, the UK mobile telecommunications unit of Spanish company Telefonica, Monday said it has been engaged in the past in talks to buy The Link retail chain.
But an O2 spokesman declined to comment on a press report that said it was close to acquiring the chain from DSG International.
"There's been discussions in the past over the situation at The Link," a London-based spokesman for O2 said. He declined to provide further detail.
Earlier Monday a report in U.K. newspaper The Guardian, which didn't cite its sources, said DSG, owner of outlets such as Currys, Dixons and PC World, was on the verge of selling The Link to O2.
DSG will unveil full-year financial results this week, and details of the deal with O2 could be revealed at that time, The Guardian said.
Company Web site: http://www.o2.com
-By David Roman, Dow Jones Newswires; 34 913958125; david.roman@dowjones.com
(END) Dow Jones Newswires "
Posted to the site on 19th June 2006
Posted to: www.cellular-news.com/story/17858.php